JJETF News and Press, iPath Bloomberg Energy Total Return Sub-Index ETN From 05/30/24

2024-05-30 05:32:00 ET Summary The IEA expects peak oil consumption to be reached by 2030, while OPEC forecasts a longer timeline. The debate over peak oil consumption is a contentious issue that significantly impacts longer-term opinions on the crude oil markets. Reaching pea...

2024-05-29 12:50:00 ET Summary The EIA expects the 2018 peak for annual average World C+C output will be surpassed in 2025. The EIA estimate for OPEC spare capacity looks high in 2024 to 2025, I would estimate it to be about 1.2 to 1.4 Mb/d less than shown. US demand for natur...

2024-05-28 05:07:00 ET Summary U.S. Presidential Election: The implications for markets. What the U.S. election results could mean for equities. Policy differences between Biden vs. Trump. The upcoming U.S. presidential election is still several months away, but ther...

2024-05-27 14:30:00 ET Summary Rapid advancement and adoption of the technology is poised to drive a significant increase in power, demand, and this demand could redefine energy consumption as we know it. A text-based query takes about the same amount of power as an internet searc...

2024-05-27 07:00:00 ET Summary Pete Najarian, co-founder of Market Rebellion, discusses the current state of the economy, Fed policy, and the impact on the markets. Pete never bought into the "5, 6, 7 Fed cut" talk in early 2024 - but thinks the market largely has the Fed right no...

2024-05-21 05:00:00 ET Summary Crude output for OPEC 12 decreased by 48 kb/d in April with decreases coming from Nigeria, Iraq, and Venezuela which were offset by increases in Congo and Iran. Preliminary March 2024 data shows total OECD commercial oil stocks up by 20.2 Mb, m-o-m. ...

2024-05-21 04:15:00 ET Summary The fundamental outlook for natural gas has improved dramatically in recent months. The drop in production has brought total supplies back to much more favourable levels. However, prices have rallied hard in recent months and positioning is becoming ...

2024-05-17 05:30:00 ET Summary The United States is well positioned to benefit from the growing LNG trade due to its infrastructure and abundant natural gas. LNG is expected to grow globally due to energy security and demand from emerging economies, and particularly China. The...

2024-05-16 03:10:00 ET Summary The Fed continues to hold interest rates steady as it focuses on the totality of economic data before it begins to cut rates. Meanwhile, the markets now expect the Fed to cut rates only once toward the latter part of this year. Corporate bond spreads...

2024-05-15 12:30:00 ET Summary Over the past month, oil has gone from a clear sell to what is now approaching an attractive buying opportunity for energy bulls. The primary reason for my bearishness was how extended speculative positioning had spiked to the upside. Fading spec...